Binance ‘Heisenberg’ Mainnet Hardfork Activation Scheduled for November 28, 2019

The Binance hardfork upgrade is scheduled for the 28th of November following the successful Heisenberg testnet. Validators within the Binance ecosystem have agreed on block height 51,467,800 as the perfect time to execute this milestone.

Binance through its official blog noted that once the hardfork is complete full node facilitators and validators will have to upgrade their software to v 0.6.3. This will however not be necessary for the Binance exchange and BNB token users according to the blog;

“If you use any exchanges which support BNB [such as Binance.com, BitMax or Gate.io], one of the wallets, or a hardware wallet [such as Ledger, Cool Wallet], you do not need to do anything unless your exchange or wallet service specifies otherwise. There are no changes to Binance DEX matching engine logic.”

Binance Hardfork Upgrade Features

The new upgrade will increase the scope of Business that Binance chain can handle through blockchain logic. In addition, the performance for addresses within Binance’s ecosystem will be enhanced to deliver as per the current market standards. Binance is also looking to gain on Lot-size enhancements with the new upgrade; BNB tokens will be used for this calculation. Finally, the new Binance chain will allow for both quote asset and base asset owners to list transactions within its network.

Earlier on, Binance had published a report that detailed this update and a couple of other WIP’s. The Decentralized Exchange project also highlighted that they had approved over 10 proposals to commence operations within its DEX with 2 more in the pipeline.